HanesBrands Reports Second-Quarter 2011 Results and Confirms Full-Year 2011 Guidance for Sales and EPS Growth
Net sales in the quarter increased 14 percent and Diluted EPS was $0.87, the same as a year ago.
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HanesBrands<%2Fspan>,<%2Fa>%20Winston-Salem,%20N.C.,%20reported%20strong%20net%20sales%20growth%20and%20comparable%20diluted%20earnings%20per%20share%20in%20the%20second%20quarter%20of%202011,%20in%20line%20with%20company%20expectations.%0D%0A%0D%0Ahttps%3A%2F%2Fwww.printandpromomarketing.com%2Farticle%2Fhanesbrands-reports-second-quarter-2011-results%2F" target="_blank" class="email" data-post-id="12603" type="icon_link">
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"We continued our strong start in 2011 and are performing in line with our growth expectations," Hanes chairman and chief executive officer Richard A. Noll said. "Our brand strength, international expansion and acquisition contributions have driven six consecutive quarters of accelerating sales growth. We are leveraging this sales growth with our low-cost global supply chain and tight control of selling, general and administrative costs."
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